Federal Reserve Chair Jerome Powell said the US economy is at an «inflection point,» and that growth and job creation is poised to accelerate.
Powell made the comments during an interview that will air Sunday on CBS News’ «60 Minutes.» In a preview of the interview released early Sunday, Powell provided a rosier economic outlook, in contrast to past remarks on the economy’s recovery. «What we’re seeing now is really an economy that seems to be much at an inflection point,» Powell told «60 minutes» during the interview.
